---
schema_version: "secwatch.filing_event.v1"
accession: "0000701985-22-000027"
form_type: "8-K"
ticker: "BBWI"
cik: "0000701985"
company_name: "Bath & Body Works, Inc."
filed_at: "2022-08-17T23:59:59+00:00"
generated_at: "2026-06-23T23:16:07.408059+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bath & Body Works Q2 EPS $0.52, sales down 5%; COO resigns, 130 roles cut

## Summary
- Q2 net sales $1.618B (-5% YoY); diluted EPS $0.52 vs $0.77 prior year.
- Operating income $241.8M vs $384.2M; net income $120.0M vs $215.3M.
- Exceeded updated EPS guidance; Q3 2022 guidance $0.10-$0.20; FY2022 $2.70-$3.00.
- Eliminated ~130 leadership roles; expects ~$30M H2 savings; ~$6M severance in Q3.
- COO Chris Cramer resigned effective Aug 17; role will not be filled.

## SEC filing metadata
- accession: 0000701985-22-000027
- form_type: 8-K
- ticker: BBWI
- cik: 0000701985
- company_name: Bath & Body Works, Inc.
- filed_at: 2022-08-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/701985/000070198522000027/0000701985-22-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701985/000070198522000027/bbwi-20220815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701985-22-000027
- JSON: https://secwatch.observer/filing/0000701985-22-000027.json
- Plain text: https://secwatch.observer/filing/0000701985-22-000027.txt

## Key facts
- Executive change
  Chris T. Cramer resigned as Chief Operating Officer at Bath & Body Works, Inc..
  - Action: resigned
  - Role: Chief Operating Officer
  source text: On August 15, 2022, Chris T. Cramer, the Company’s Chief Operating Officer, notified the Company of his decision to resign from the Company to pursue other opportunities effective on August 17, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000070198522000027/0000701985-22-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.